4 Ever Life Insurance Company

Filing Status: 
Approved with Modification
Decision Date: 
Tuesday, August 29, 2017
Insurer: 
Other
Description: 

4 Ever Life Insurance Company offers health insurance coverage for the benefit of employees (ex-patriates) who are traveling outside the United States for an extended period of time for employer business purposes. It also continues to cover those employees when temporarily back in the United States. As a new product with no affected members, there is no proposed rate increase.  On review, the Board ordered the company to lower its average commission expense to 8%, and limit the maximum allowable commission to 15%.

Docket No. GMCB-009-17rr

SERFF No. BCSF-131049258

Date Posted to Web: 08/08/2017

Date Updated: 9/1/17

Decision

DFR Solvency Opinion

 

Date Comments Close: 
Monday, August 14, 2017
SERFF: 
BCSF-131049258